Gold futures ended near unchanged Wednesday, slipping less than 0.1% after climbing just a bit more than that on Tuesday.
Gold for June delivery dipped 10 cents to settle at $1,295.30 an ounce on the Comex division of the New York Mercantile Exchange.
"Rallies in the U.S. stock indexes to new for-the-move highs today was a negative for the safe-haven metals, but selling interest was tempered by a drop in the U.S. dollar index," Jim Wyckoff, a senior analyst at Kitco Metals Inc., said in a report.
Gold futures traded from a low of $1,292.70 to a high of $1,299. They gained less than 0.1% on Tuesday and fell 0.3% on Monday — ending at their lowest point since March 11.
Silver for May delivery added 4.1 cents, or 0.3%, to settle at $15.102 an ounce. Silver futures ranged from $15.00 to $15.16. They declined 0.3% on Tuesday and lost less than 0.1% on Monday. Last Thursday, prices settled at $14.973 an ounce for their worst close since Dec. 24.
In PGM futures on Wednesday:
-
July platinum tacked on $21.70, or 2.6%, to $874.20 an ounce, trading between $855 and $875.40.
- Palladium for June delivery dropped $22.20, or 1.6%, to $1,378.10 an ounce, ranging from $1,351 to $1,413.
London Precious Metals Prices
In comparing earlier fixed London gold and silver prices from Tuesday PM to Wednesday PM
- Gold rose 15 cents to $1,290.45 an ounce.
- Silver added 14 cents, or 0.9%, to $15.165 an ounce.
LBMA platinum and palladium prices are available on the LBMA’s website with a delay of midnight.
US Mint 2019 Bullion Sales
United States Mint bullion sales were unchanged. Below is a sales breakdown of U.S. Mint bullion products with columns listing the number of coins sold during varying periods.
| US Mint Bullion Sales (# of coins) | ||||||
|---|---|---|---|---|---|---|
| Wednesday | Last Week | This Week / April | February | March | 2019 Sales | |
| $100 American Eagle 1 Oz Platinum Coin | 0 | 1,000 | 600 | 2,400 | 4,000 | 34,100 |
| $50 American Eagle 1 Oz Gold Coin | 0 | 1,000 | 1,000 | 11,000 | 8,500 | 65,000 |
| $25 American Eagle 1/2 Oz Gold Coin | 0 | 0 | 0 | 1,000 | 1,000 | 17,000 |
| $10 American Eagle 1/4 Oz Gold Coin | 0 | 0 | 2,000 | 0 | 4,000 | 26,000 |
| $5 American Eagle 1/10 Oz Gold Coin | 0 | 5,000 | 5,000 | 10,000 | 15,000 | 120,000 |
| $50 American Buffalo 1 Oz Gold Coin | 0 | 0 | 2,000 | 6,000 | 5,500 | 37,000 |
| $1 American Eagle 1 Oz Silver Coin | 0 | 0 | 539,500 | 2,157,500 | 850,000 | 7,564,500 |
| Lowell 5 Oz Silver Coin | 0 | 0 | 0 | N/A | 80,000 | 80,000 |
